November 22, 2011
Greg AndrewsThe transaction with New York-based Alden Global Capital, the largest holder of Emmis preferred stock, is expected to end
more than a year of legal wrangling involving the two companies.
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November 22, 2011
Greg AndrewsThe Fair Finance trustee alleged that, in addition to being huge campaign contributors to former Marion County Prosecutor
Carl Brizzi, Tim Durham and his companies helped cover Brizzi's personal expenses.
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November 22, 2011
IBJ StaffIndianapolis-based MyJibe LLC, an up-and-coming budgeting and personal finance software firm that was launched by two 20-something
entrepreneurs last January, has already been acquired.
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November 19, 2011
Scott OlsonThree local strip centers owned by longtime Indianapolis developer Centre Properties are the target of a $43 million foreclosure
lawsuit brought by the real estate firm’s lender.
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November 19, 2011
Francesca JaroszA Shelbyville-based bank appears to have missed a federally mandated deadline for boosting its capital levels, a failure that
might put it at risk of government takeover.
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November 19, 2011
Greg AndrewsTwo of Sanjay Patel's hotels landed in bankruptcy in November. Four others filed for Chapter 11 protection last year.
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November 19, 2011
IBJ StaffThe Indianapolis-based firm has pledged to add a total of 300 workers by 2015.
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November 18, 2011
Indiana Business Bancorp attributed its profit of 9 cents per share to higher non-interest income a lower loan-loss provision
expense.
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November 17, 2011
Bloomberg NewsBattery Ventures’ investments in Angie’s List Inc. and Groupon Inc. have produced more than $440 million in paper
profit after the Internet-commerce companies sold shares to the public this month.
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November 17, 2011
IBJ Staff and Bloomberg NewsAngie’s List Inc. shares rose as much as 44 percent in their trading debut Thursday after the company raised $114 million
Wednesday in its initial public offering. The stock closed the trading day up more than 25 percent, at $16.26 per share, after
rising as high as $18.75 early in the morning.
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November 16, 2011
Bloomberg NewsAngie’s List Inc., the Indianapolis-based consumer-review service with more than 1 million paying members, raised about
$114 million in its initial public offering Wednesday after pricing the shares at the top end of the proposed range.
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November 15, 2011
Bloomberg NewsU.S. initial public offerings are set to raise the most in six months in November as Delphi Automotive Plc and Angie’s
List Inc. take advantage of the biggest rebound in the Standard & Poor’s 500 Index in 20 years.
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November 12, 2011
Kathleen McLaughlinThe Carmel City Center Community Development Corp. has emerged as a key player in the city’s burgeoning downtown. The
not-for-profit 4CDC last month gave the performing arts center $1 million to cover its operating expenses, and it’s
expected to provide another $4.5 million through June 30.
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November 12, 2011
IBJ StaffThe new asset mix, approved by the Indiana Public Retirement System’s board late last month, includes a lower concentration
of public equities.
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November 11, 2011
Michael W. Hoskins, Scott OlsonIndiana saw fewer bankruptcies for the fiscal year ending Sept. 30 than it did the year before, with the state improving its
national ranking based on case filings.
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November 10, 2011
IBJ Staff and Bloomberg NewsIndiana outpaced the rest of the nation last month in the number of default notices sent to delinquent homeowners and the
amount of homes seized as U.S. foreclosure filings rose to a seven-month high.
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November 9, 2011
Bloomberg NewsU.S. farmers face increased financial risk because of higher operating costs and volatile commodity prices, even as income
this year reaches a record, said Michael Boehlje, an economist at Purdue University.
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November 7, 2011
Bloomberg NewsRecord-high U.S. farmland values may keep rising as global demand for agricultural products increases, according to S. Joe
DeHaven, the chief executive of the Indiana Bankers Association.
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November 7, 2011
Scott OlsonA building at 4701 Rockville Road, owned by local businessman Thomas Godby, is the target of a $2 million foreclosure suit
filed by Old National Bank. The building's tenants include Tony Stewart Racing Enterprises and Sara Fisher Racing LLC.
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November 5, 2011
Chris O'MalleyTechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in
the audience.
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November 5, 2011
Francesca JaroszLawmakers are mulling converting the state’s pension system into a 401(k)-like model, bringing Indiana into the heated
national debate over public pensions.
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November 5, 2011
IBJ StaffThe Merrillville-based bank is testing the waters before launching a retail-banking presence.
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November 2, 2011
The company earned $765,000 for the period ended Sept. 30, compared with $1 million in the year-ago period. First Internet
attributed the decline to the timing of gains from closed but not-yet-sold mortgages to the secondary market.
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November 1, 2011
Scott OlsonIn a Monday SEC filing, the company said it lost $43.2 million through the first nine months of 2011, pushing total losses
since 2006 to $160.6 million. Angie's List filed in August to go public.
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November 1, 2011
Associated PressStocks had their best month in almost a decade, rising from their low point of the year in an almost uninterrupted four-week
rally. But the finish sure was ugly.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.